Dear Sir,
I am writing to you in relation to the Administration of Coventry City Football Club (Ltd).
As you are aware, the club has been in Administration for some time now after the previous owners SISU Capital LTD placed the company down this route.
It has now came to fruition after a drawn out saga involving the courts and the Administrator chosen by SISU in good faith, Paul Appleton, has decided that in the best interest of Coventry City Football Club (Ltd), that Otium Ltd ( SISU company) are the preferred bidder.
As I can imagine, you have received a lot of emails over the past few days, however, I believe some key information needs to be considered before you rubber stamp this deal:-
Sisu have been in charge since 2007 and are a hedge fund company who rely on other markets to perform, if these markets do not perform, then the company could ultimately go bust, resulting in dire straights for the Football Club.
Approx 98% of the Football Clubs Support base are Anti Sisu and this once long standing top-tier of English Football,Club, is close to being totally destroyed, taking many memories of peoples life's with it.
SISU proclaim to injected £45m into the football club, but have been in Transfer Embargo's two-three times during their reign and being in Administration, surely this can not prevail again.
I would like to extend your memory to the incidences Portsmouth and Luton Town Football Club's have found themselves in over the past few years, and would like to take this opportunity to remind you of these circumstances, as I can rest assure you, Coventry City Football Club could face exactly the same circumstances should SISU Capital Ltd remain in sole control of the Club.
Surely if Coventry City Football Club did go into Administration again, this would not look too good on the Football League for signing the agreement?
Coventry City Football Club (Ltd) has a state of the art 32,500 capacity seater stadium situated in the outskirts of Coventry known as the Ricoh Arena, unfortunately SISU Capital Ltd are refusing to use this facility for one reason or another.
Should SISU go ahead with their threats of ground sharing with another Football League Club, then the club will in my opinion, cease to exsist in 3-4 years time, due to the fact the major majority refusing to set foot in any other stadium other than the Ricoh Arena for home matches governed by the Football League.
I would also like to point out that if Coventry City Football Club (Ltd) was to play home fixtures outside of Coventry, then this would be a huge drain in terms of providing adequate safety features in another City such as Policing, and surely there is an element of risk surrounding this and public safety must be taken into consideration.
I would be most grateful if you could please take some of these points into consideration.
Kind Regards,
I am writing to you in relation to the Administration of Coventry City Football Club (Ltd).
As you are aware, the club has been in Administration for some time now after the previous owners SISU Capital LTD placed the company down this route.
It has now came to fruition after a drawn out saga involving the courts and the Administrator chosen by SISU in good faith, Paul Appleton, has decided that in the best interest of Coventry City Football Club (Ltd), that Otium Ltd ( SISU company) are the preferred bidder.
As I can imagine, you have received a lot of emails over the past few days, however, I believe some key information needs to be considered before you rubber stamp this deal:-
Sisu have been in charge since 2007 and are a hedge fund company who rely on other markets to perform, if these markets do not perform, then the company could ultimately go bust, resulting in dire straights for the Football Club.
Approx 98% of the Football Clubs Support base are Anti Sisu and this once long standing top-tier of English Football,Club, is close to being totally destroyed, taking many memories of peoples life's with it.
SISU proclaim to injected £45m into the football club, but have been in Transfer Embargo's two-three times during their reign and being in Administration, surely this can not prevail again.
I would like to extend your memory to the incidences Portsmouth and Luton Town Football Club's have found themselves in over the past few years, and would like to take this opportunity to remind you of these circumstances, as I can rest assure you, Coventry City Football Club could face exactly the same circumstances should SISU Capital Ltd remain in sole control of the Club.
Surely if Coventry City Football Club did go into Administration again, this would not look too good on the Football League for signing the agreement?
Coventry City Football Club (Ltd) has a state of the art 32,500 capacity seater stadium situated in the outskirts of Coventry known as the Ricoh Arena, unfortunately SISU Capital Ltd are refusing to use this facility for one reason or another.
Should SISU go ahead with their threats of ground sharing with another Football League Club, then the club will in my opinion, cease to exsist in 3-4 years time, due to the fact the major majority refusing to set foot in any other stadium other than the Ricoh Arena for home matches governed by the Football League.
I would also like to point out that if Coventry City Football Club (Ltd) was to play home fixtures outside of Coventry, then this would be a huge drain in terms of providing adequate safety features in another City such as Policing, and surely there is an element of risk surrounding this and public safety must be taken into consideration.
I would be most grateful if you could please take some of these points into consideration.
Kind Regards,